We are now stagnant, which way will we go afterwards?

[aqrulesms]

After the good rally up to the mid 400s, it appears that we have pulled backwards and are struggling to reach the highs again.

Price is currently holding at around 420-30 for Gox, but how long will this last?

Where will we be short term after we see major movements again? Is it up or down?

Discuss where you think the price of BTC will be during the next major market movement.

[CMMPro]

Holy shit...it stopped moving for what a couple of hours?

Relax....ffs. It doesn't have to be constantly ranging up or down.

[the_sunship]

a little down, a lot up

[aqrulesms]

Holy shit...it stopped moving for what a couple of hours?

Relax....ffs. It doesn't have to be constantly ranging up or down.

Indeed, what I am talking about however is the imminent peak, which is the point of stagnation, as I would say. This is quite a high price already, and momentum appears to have already declined.

[bitcoin carpenter]

My thoughts as well 15% down 100% up

[djalexr]

[aqrulesms]

Fortunately, I'm no longer holding my bitcoins. 

[MicroGuy]

Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days! 

[SheHadMANHands]

Stagnation is a great thing now.  Shows confidence in the general price level.  People were saying the exact same thing you're saying when we sat over $200 for a while after "crash" from $230...  then we shot higher.

Sometimes even Bitcoin needs to "come up for air" (take a cooler).

People like you have to sell thought OP.  It's natural selection.. the folding out of the weaker hands.  

[theonewhowaskazu]

Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days! 

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

[aqrulesms]

Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days! 

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

It would be quite interesting to know what the future holds in terms of low prices. While $250 is admittedly insane to reach down to at the moment, what factors could lead to a devastating crash to that level and even UNDER that level?

[Paladin69]

Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days! 

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

It would be quite interesting to know what the future holds in terms of low prices. While $250 is admittedly insane to reach down to at the moment, what factors could lead to a devastating crash to that level and even UNDER that level?

Profit-taking.

Volume is a lot lower than April.

[NamelessOne]

It isn't stagnant, it is called consolidation and it is considered a good thing. There also seems to be a triangle forming since we hit $445, it should be finished in the next couple hours, breaking whichever direction it shall.   

[TERA]

It appears that arrangements of daily candles like this during previous bubbles result in a correction bouncing off of the daily long ema (now $300).

[RyNinDaCleM]

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

Just holding this for later use!

[PumpkinCoin]

I took out my purchase cost a few hours ago by selling some coins...  *not including my Casascius coins which are deeply in the money and which I may never sell.  I still have a bunch (most) of BTC/profit in this market.  The next time it dips significantly I will buy some more and repeat the process.  Wash and rinse until it doesn't work anymore or the price is ludicrous. 

[Undefeatable]

Its going up, up, up.... more people coming into the market then people selling...

[bitboyben]

Imho Monday there are a couple things going on that will move the price.
Hopefully the government gives it a thumbs up and we can continue on up.

I am ok with a nice even price for the rest of the month.
Nice to see the run up was sustained.

[BitchicksHusband]

Fortunately, I'm no longer holding my bitcoins. 

[BitchicksHusband]

Where will we be short term after we see major movements again? Is it up or down?

I think we're going back to $250ish within the next 7 days! 

See its random stuff like this that makes nobody take bears seriously.

There is absolutely no fucking way that we're going below the previous ATH, that much is plain to see. There might be an argument for it going down to $300 again, or even just-sub $300, but down to $250 is just insane.

It would be quite interesting to know what the future holds in terms of low prices. While $250 is admittedly insane to reach down to at the moment, what factors could lead to a devastating crash to that level and even UNDER that level?

The complete failure of bitcoin, at which point, could you please buy my coins?